Show BUILDING RATE IS BACK TO TOWAR WAR BASIS BASIS' J By CLAUDE A. A JAGGER Associated Press Financial Editor NEW YORK Nov 15 JP Building statistics indicate that the total tel volume vol ume time of construction in the United Sates this year will total less than quarter one of the average of the building bunding boom years 1925 through 1928 Statistics on building contracts let letIn letin in n the 37 states cast east of the compiled by F. F W. W Dodge corporation show how this years year's volume will approximate mate the low levels of the war years ears when the shortages developed which led cd to the postwar boom How long it may take in the present present pres- pres ent nt period of low activity to lead leado to o shortages which will bring new health to this major Industry is a 11 question which building statisticians I would like to answer It is pointed out however that active building to take lake up the slack presumably will await general economic improve improve- ment meat The F F. W. W Dodge figures indicate that the construction i 1 states east cast of the for or 1932 will approximate mate the extraordinarily low total of This is less than half hall the volume for tor 1931 A high record of ot was reached in 1928 The slump in in residential building has been particularly severe This years year's contracts based on the Dodge figures for the area cast east of the will aggregate which will be the lowest since before the he World war with the exception of 1918 which saw a volume of approximately approximately that size |